JPMorgan Chase & Co. Decreases Stock Holdings in Welltower Inc. $WELL

JPMorgan Chase & Co. lowered its position in Welltower Inc. (NYSE:WELL) by 1.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,814,683 shares of the real estate investment trust’s stock after selling 83,708 shares during the period. JPMorgan Chase & Co. owned approximately 1.14% of Welltower worth $1,392,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MMA Asset Management LLC purchased a new position in Welltower in the third quarter worth $35,000. Global Wealth Strategies & Associates purchased a new stake in shares of Welltower during the 3rd quarter valued at $36,000. Newbridge Financial Services Group Inc. boosted its position in shares of Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 87 shares in the last quarter. Collier Financial purchased a new position in Welltower during the 3rd quarter worth $54,000. Finally, NewSquare Capital LLC increased its position in Welltower by 30.2% during the 2nd quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 1.2%

Shares of NYSE:WELL opened at $210.71 on Tuesday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $212.62. The business has a 50 day moving average of $189.69 and a two-hundred day moving average of $182.04. The company has a market capitalization of $147.02 billion, a PE ratio of 150.51, a PEG ratio of 1.42 and a beta of 0.85.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The business’s revenue was up 41.3% on a year-over-year basis. During the same quarter last year, the company earned $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is currently 211.43%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. Scotiabank upped their target price on Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. Cantor Fitzgerald raised their price target on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. restated a “neutral” rating and set a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. Finally, Wells Fargo & Company increased their price objective on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $210.21.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.